1215 48TH AVENUE, Vancouver, British Columbia V5W2E8

Prime development opportunity in Vancouver´s sought-after Knight neighbourhood. Situated on an approximately 50' x 108' lot, this property offers exciting potential for multi-unit redevelopment in an area where new multiplex projects are already taking shape. The existing home provides functional upper-level living space, creating potential for interim rental income or occupancy while redevelopment plans and permits are pursued. With multiplex development increasingly visible throughout the surrounding East Vancouver neighbourhoods, this is an opportunity to secure a substantial lot and explore the potential for a five-unit multiplex under the City of Vancouver´s R1-1 zoning framework, subject to design, permitting and City approval. Conveniently located near schools, parks, shopping, transit and everyday amenities. An excellent opportunity for Developers looking to participate in the evolution of this established East Vancouver Knight community. Call for more information. (id:39198)